How to Borrow Money from Cash App? Cash App Borrow is not available to all users. Cash App Borrow is not available to all users. You must meet certain eligibility requirements, You must be at least 18 years old and a US resident. Cash App may also consider your credit history and other factors to determine your eligibility and maximum borrowing amount.
How to Borrow (if eligible):
1. Open the Cash App on your mobile device.
2. Tap the "Banking" tab.
3. Look for the "Borrow" option. If you see it, you're eligible.
4. Tap "Borrow" and follow the prompts to "Unlock" the feature.
5. Select the amount you want to borrow (up to $200).
6. Choose your repayment plan (usually 4 equal weekly payments).
7. Review the loan details and terms carefully, including the interest rate (currently 5%).
8. If you agree, tap "Borrow Instantly".
Always review the terms and conditions carefully before accepting any loan offers, and make sure you understand the repayment requirements and any associated fees or interest rates.
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